July 21, 2010

FEDEX CORP: Anti-Competitive Behavior Probe Ongoing in Australia

COMPANIES: FedEx Corp
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Fedex Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that an investigation by the Australian Competition and Consumer Commission (”ACCC”) is still ongoing.

In July 2007, Fedex received a notice from…

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TOPICS: Earnings | Electronic Commerce | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US | Transportation
LOCATIONS: Australia